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Sinograin Proposes Three Red Lines for Grain Reserves for the First Time, Mulls Overseas Grain Purchasing and Storage
Mulling Overseas Grain Purchasing and Storage: Sinograin Proposes Three Red Lines for Grain Reserves for the First Time. By our reporter Zhang Xu, Beijing Report. Sinograin is undergoing transformation. In early September, China Grain Reserves Corporation issued an official statement saying that the grain security reserve system should establish three reserve guarantee lines: total grain reserves, grain reserves, and oil and oilseed reserves.
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State grain reserves auction opens in January, four major varieties totalling 15 million tonnes
The reporter recently learned from the State Administration of Grain that relevant departments will hold a special national policy grain competitive bidding session in Anhui from January 6 to 8, 2015, auctioning four major varieties of state reserve grain: wheat, japonica rice, indica rice and corn. It is understood that the varieties and quantities in this auction are divided into
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How is the autumn grain procurement progressing? The National Food and Strategic Reserves Administration reports on the main producing areas
According to statistics, as of March 10, various grain enterprises in 14 main producing areas of mid-to-late indica rice, including Hubei and Anhui, had purchased a cumulative total of 28.21 million tons of newly produced mid-to-late indica rice, a decrease of 1.52 million tons from the same period last year; various grain enterprises in 7 main producing areas of japonica rice, including Heilongjiang and Jilin, had purchased a cumulative total of newly produced
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Passing Off Old Grain as New Highlights the Predicament of Grain Reserve Supervision
Where there is delicious lamp oil, there are bold rats that dare to steal it; where there are loopholes in the system, there is room for rent-seeking. Fulfilling shared supervisory responsibilities and clarifying the subjects of power and responsibility is a major issue that grain storage cannot avoid. It is necessary to strengthen, institutionally, coordinated supervision over storage enterprises at all levels and of all types, so as to ensure grain security for the nation.
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Old Grain Passed Off as New: Getting a Clear Picture of Grain Reserves Requires Tighter Oversight
Chaotic practices in China's grain reserve system, such as passing off old grain as new, are linked to unsmooth mechanisms and unsound institutions, and even more to the lack of management and lax oversight by the relevant departments. Straightening out the mechanisms and reforming the institutions will take time, but tightening the granaries and strictly investigating the "big rats" is
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China's agricultural grain reserves have been damaged; how should the "grain rats" be cleaned up?
Before the honor of being named an outstanding unit in the 2014 national grain quality and safety supervision work had even cooled, Liaoning and Jilin were exposed in a "grain rat" scandal of passing off old grain as new. According to a CCTV report, media recently reported that multiple grain depots in Liaoning and Jilin colluded with grain traders to
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Sinograin reported for illegally importing genetically modified rapeseed oil mixed into national temporary reserves
According to a report by The Paper, Sinograin Hunan Company was reported for causing 30 million yuan to be intercepted due to illegal operations, and multiple enterprises it entrusted were accused of using a "stand-in" method to import genetically modified rapeseed oil and earn huge profits from it. The following is the detailed content: Two years after being
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Smart grain depots safeguard the security of central grain reserves
Central grain reserves are an important material means for the state to regulate the grain market, and an important strategic material related to national security and the lifeline of the national economy. As a dispatched agency of Sinograin, the Xi'an Branch of Sinograin governs the central reserve grain and oil and the depots directly under central grain reserves in Shaanxi Province and the Ningxia Hui Autonomous Region.
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How can the operational difficulties of grain reserve rotation be solved?
China basically applies a static management approach to grain reserves at all levels. Once the reserve scale is implemented, without approval from the relevant authorities, grain may not be released from storage at will. Under the fully marketized grain purchase and sales system, reserve-holding enterprises often miss rotation opportunities because planned directives are out of step with the market.
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China's grain reserves are the world's highest, yet the situation is as precarious as a pile of eggs
The price of corn has fallen. In 2015, the listed purchase price for the state temporary corn reserve (national standard third-class quality standard, the same below) was 1 yuan/jin. Last year's price was above 1.11 yuan per jin, with slight differences among regions: 1.13 yuan/jin in Inner Mongolia and Liaoning, 1.12 yuan/jin in Jilin, and 1.11 yuan/jin in Heilongjiang.
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